GA for NIACL AO Main | 24th January 2019

India successfully test-fired its nuclear-capable long-range ballistic missile Agni-IV, with a strike range of 4,000 km, as part of a user trial by the Army. The strategic surface-to-surface Agni-IV missile was flight tested from launch complex-4 of the Integrated Test Range (ITR) at Dr Abdul Kalam Island, earlier known as Wheeler Island.

Prime Minister Narendra Modi inaugurated several projects worth over Rs 14,500 cr during a day-long visit to Odisha. Prime Minister Modi inaugurated the Lalitgiri Archaeological Museum and released a commemorative coin and a postage stamp in memory of Paika Rebellion at a function in IIT Bhubaneswar.

US President Donald Trump announced that he would replace Defence Secretary Jim Mattis with his deputy Patrick Shanahan as acting Pentagon chief. Shanahan will assume charge of Acting Secretary of Defense from 1 January, 2019.

PM Narendra Modi announced the institution of ‘Sardar Patel Award for National Integration’, which would be given for “outstanding efforts to further national integration”.

The Department of Banking Operations & Development is entrusted with the responsibility of regulation of commercial banks under the regulatory provisions contained in the B.R. Act, 1949 and RBI Act, 1934 besides enunciation of banking policies. Its functions broadly relate to prescription of regulations for compliance with various provisions of Banking Regulation Act on establishment of banks such as licensing, branch expansion, maintenance of statutory liquidity, management and operations, amalgamation, reconstruction and liquidation of banking companies and issue of guidelines on Prudential Norms relating to Capital Adequacy, investments and loans. In order to achieve its objective, it has to maintain a flexible organizational set-up with activities in tune with the time.

The Combined Finance and Revenue Accounts (CFRA) is a unique document that incorporates comparable information relating to the accounts of the Union and all the States for a year, together with their balances and outstanding liabilities and other information relating to the financial health of the Union and the States.

The Currency and Gold Revaluation Account (CGRA) is the unrealized gain/loss in the value of gold and foreign exchange RBI holds based on movements in their value which is not considered in the income account but taken as a balance-sheet item.

Defence Minister Nirmala Sitharaman inaugurated the Indian Navy’s Information Fusion Centre (IFC) in Gurugram that aims to collaborate with partner countries and multi-national agencies to develop maritime awareness and share information on vessels.

National Farmers’ Day (Kisan Diwas) 2018 was celebrated all over India on 23rd of December. It is celebrated in the honour of the former Prime Minister of India Chaudhary Charan Singh with the focus on the upliftment of the status of farmers.

Spain’s Real Madrid won the Club World Cup for a third consecutive year, and record fourth in total, by beating Abu Dhabi side Al Ain in the final. Real now hold the record for most victories in the competition, which was first held in 2000, moving one clear of Spanish rivals Barcelona.

Under ‘transport‘ category, Indian Railways obtained 10 awards for the subsector railway station. Vidisha railway station in Madhya Pradesh won the first prize.

Nicosia is the Capital of Cyprus.

Moroccan dirham is the currency of Morocco.

Padmanabha Balakrishna Acharya is present Governor of Nagaland.

Chief Minister of West Bengal Mamata Banerjee was conferred with skoch Chief Minister of the Year Award.